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The Output Effect of Fiscal Consolidations / Alberto Alesina, Carlo Favero, Francesco Giavazzi

The present paper argues that the correct experiment to evaluate the effects of a fiscal adjustment is the simulation of fiscal plans rather than of individual fiscal shocks. The simulation of the fiscal plans adopted by 16 OECD countries over a 30-year period supports the hypothesis that the effect... Full description

PPN (Catalogue-ID): 104662220X
Personen: Alesina, Alberto
Favero, Carlo
Giavazzi, Francesco
Cooperations/Conferences: National Bureau of Economic Research
Format: eBook eBook
Language: English
Published: Cambridge, Mass, National Bureau of Economic Research, 2012
Series: NBER working paper series (no. w18336)
Notes: August 2012
Physical Description: 1 Online-Ressource
Technische Details: Mode of access: World Wide Web.
System requirements: Adobe [Acrobat] Reader required for PDF files.

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